MON

Alert

After costs, if the gap returns to its 7d average, $10k−$95

spread now+0.055%7d average−0.071%fees + slippage, in and out−$108spread needed1.081%

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid MON	0.02547	0.0100	pay 0.0013% / 1h	36m 37s	$34.4M	$7.4M	5x
Short	KuCoin MONUSDTM	0.02548	0.0218	get 0.0109% / 4h	1h 36m	$2.6M	$668K	75x

Price spread history

latest

Range statsloading…

share of time at each level, last 7D

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Position, each leg$Hold forhoursFee HyperliquidbpFee KuCoinbpOrdersClose when spread is

Slippage from Hyperliquid: live order book, 8 min ago; KuCoin: live order book, 7 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 8 min ago	1.57 bp	14.0 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	5.88 bp	21.9 bp −$22	424.9 bp −$4,249	doesn't fit	doesn't fit

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
OKX MON-USDT-SWAP	−0.298%	+0.0100%	4h	$4.3M	$5.9M	50x	as long as short
Bybit MONUSDT	−0.263%	−0.0153%	8h	$21.1M	$11.2M	50x	as long as short
Orderly PERP_MON_USDC	−0.220%	+0.0100%	4h	$17K	$64K	10x	as long as short
Paradex MON-USD-PERP	−0.204%	+0.0100%	8h	$8K	$42	5x	as long as short
BloFin MON-USDT	−0.181%	+0.0136%	4h	$1.3M	$213K	75x	as long as short
Variational Omni MON	−0.157%	+0.0100%	8h	$789K	$335K	—	as long as short
Binance MONUSDT	−0.156%	+0.0100%	4h	$24.0M	$23.8M	75x	as long as short
SoDEX MON-USD	−0.141%	+0.0100%	1h	$5K	$6K	5x	as long as short
GMX MON/USD [ETH-USDC]	−0.126%	L +0.0231% / S −0.0343%	1h	$6K	—	50x	as long as short
Aster MONUSDT	−0.116%	+0.0100%	4h	$106K	$240K	10x	as long as short

Show all 32 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter MON	−0.102%	+0.0096%	1h	$830K	$748K	10x	as long as short
Pacifica MON	−0.102%	+0.0100%	1h	$145K	$104K	3x	as long as short
01 Exchange MONUSD	−0.102%	+0.0064%	1h	$6K	$1K	5x	as long as short
Gate MON_USDT	−0.102%	+0.0100%	4h	$967K	$941K	50x	as long as short
Phoenix MON	−0.102%	0.0000%	1h	$13K	$391K	5x	as long as short
Injective MON/USDC PERP	−0.102%	−0.0220%	1h	$6K	$108	5.5x	as long as short
Deribit MON_USDC-PERPETUAL	−0.102%	0.0000%	1h	$47K	$74K	25x	as long as short
Aevo MON-PERP	−0.098%	+0.0104%	1h	$39K	—	3x	as long as short
Bitget MONUSDT	−0.063%	+0.0100%	4h	$2.6M	$1.8M	25x	as long as short
dYdX MON-USD	−0.061%	+0.0100%	1h	$13K	—	5x	as long as short
edgeX MONUSDC	−0.050%	+0.0100%	4h	$47K	$240K	10x	as long as short
Aftermath Perps MONUSD	−0.016%	+0.0657%	1h	$2K	$73K	10x	as long as short
Backpack MON_USDC_PERP	−0.012%	−0.0087%	1h	$134K	$137K	10x	as long as short
Hyperliquid MONlong	0.000%	+0.0100%	1h	$34.4M	$7.4M	5x
Kraken Futures PF_MONUSD	+0.025%	+0.0201%	1h	$254K	$73K	10x	as long as short
Extended MON-USD	+0.028%	+0.0104%	1h	$45K	$400K	10x	as long as short
KuCoin MONUSDTMshort	+0.055%	+0.0218%	4h	$2.6M	$668K	75x
ApeX Omni MONUSDT	+0.055%	+0.0100%	1h	$68K	$490K	50x	as long as short
Nado MON-PERP	+0.078%	+0.0100%	1h	$312K	$528K	10x	as long as short
Perpl MON	+0.082%	+0.0223%	43m	$209K	$1.7M	10x	as long as short
Bulk MON-USD	+0.133%	+0.0100%	1h	$104K	$5K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.247%	+0.0808%	1h	$113K	$51K	50x	as long as short